Types of Personal Injury Compensation
If you’ve suffered an injury due to the negligence or misconduct of another party or wrongdoing, you may be entitled to compensation. Learn about the types of damages you may receive by speaking with a Personal injury Lawsuit injury attorney near you.
There are two major types of damages that may be given in personal injury settlement injury cases which are economic and non-economic damages. This article will explore these categories and explain how they may impact the amount of compensation you are legally entitled to.
Economic Damages
If someone is injured in an accident, they may be entitled to compensation for their losses. These could include medical costs as well as lost wages and property damage.
Often, these types of damages can be extremely expensive especially in the event of serious injuries. Because they require extensive medical attention. As they recover, victims may have to pay for mobility equipment or prescription medications.
These expenses can quickly mount up, so it is important to keep receipts. These receipts can help you prove the true cost of your losses and increase the value of your compensation.
Other common types of economic damages in personal injury law injury cases comprise loss of earnings and future income. The reason for this is that victims can be out-of-work for a number of months, weeks and even years after an accident. In these cases, the victim should receive the amount they could have earned if they could have worked.
If someone is disabled or the death of a family member occurs as the result of an accident, the victim may be entitled to compensation for services provided to the living. These services include nursing, home health and physical therapy.
Many people need assistance with the same tasks that they had prior to their accident. This includes household chores, driving a vehicle as well as caring for the environment as well as taking care of the dependent family member.
An attorney may be able provide receipts, Personal Injury Lawsuit bills, or other evidence to show the value of these items in these instances. They may also hire experts to testify regarding the value of these damages.
These damages are valued differently based upon the specific requirements of the victim as well as the circumstances that led to the accident. A jury is typically considering many factors when awarding economic damages.
Some examples of these damage could include:
Pain and suffering
This award is typically given to those who have suffered serious injuries who are suffering physical or emotional injuries as a result of the accident. The awards can be small (a few dollars for suffering) or substantial (millions in the event of wrongful death).
Emotional distress
This kind of compensation compensates victims for emotional trauma caused by an injury. It can include things like anxiety, depression and a loss of enjoyment in life.
Disfigurement
It can be given to someone who is permanently damaged as a result of the accident. This can be costly as many people require surgery or other procedures to correct or eliminate disfigurements.
Loss of consortium and companionship
The purpose of this damages award is to provide compensation for the loss suffered by loved ones due to the loss. This is particularly crucial for those who have children or other dependents.
Non-economic damages are a distinct element of the legal system, distinct in comparison to economic damages and are far less frequent. While they are subject to a higher burden of proof in the case of non-economic damages, they are more difficult to assess and are not subject to the same restrictions as economic damages.